What HUD offices serve Breckenridge Hills, Missouri?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the Missouri Public Housing and Low-Income Apartments Waiting Lists page for openings near Breckenridge Hills.
How many renters live in Breckenridge Hills, Missouri?
The City of Breckenridge Hills has 4,452 people living in 1,955 households.
There are 1,994 renters living in 865 renter households in this City. Renters make up 44.79 percent of the population living in Breckenridge Hills.
What is the rental market like in Breckenridge Hills, Missouri?
There are an estimated 2,138 housing units in the Breckenridge Hills area. Of these, 981 units are rental homes, making up 46 percent of the housing market. For every renter household in Breckenridge Hills, Missouri, there are 1 rental units.
What is the vacancy rate for rentals in Breckenridge Hills?
The rental vacancy rate in Breckenridge Hills is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Breckenridge Hills for each bedroom size?
Occupied Rental Units by Size in Breckenridge Hills
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 72 | 206 | 349 | 166 | 72 |
Occupied Rental Units by Size in Breckenridge Hills
A large number of apartments in Breckenridge Hills have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Breckenridge Hills are overburdened by housing costs?
Among renter households in this market, 48 percent have housing cost burden. Further, 37 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Breckenridge Hills
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $928 to $1,818. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $928 |
| One BR | $972 |
| Two BR | $1,209 |
| Three BR | $1,565 |
| Four BR | $1,818 |
2024 Fair Market Rents in Breckenridge Hills, Missouri
How many units are rented at Fair Market Rent (FMR) in Breckenridge Hills?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 0 | 100 percent |
| One BR | 203 | 99 percent |
| Two BR | 201 | 58 percent |
Rental Units Below FMR in Breckenridge Hills, Missouri
How many affordable rental units are in Breckenridge Hills?
There are a variety of federal affordable housing programs serving households in Breckenridge Hills, Missouri including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 120 |
Tracked Units by Federal Program in Breckenridge Hills, Missouri
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Breckenridge Hills, Missouri
Breckenridge Hills features 15 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Breckenridge Hills, Missouri
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Breckenridge Hills.
Housing Choice Vouchers in Breckenridge Hills, Missouri
On average, Section 8 Housing Choice vouchers pay Breckenridge Hills landlords $700 per month towards rent. The average voucher holder contributes $300 towards rent in Breckenridge Hills.
The maximum amount a voucher would pay on behalf of a low-income tenant in Breckenridge Hills, Missouri for a two-bedroom apartment is between $1,088 and $1,330.
Sourced from federal housing data and AffordableHousingOnline.com research.
